Alembic Pharmaceuticals Limited develops, manufactures, and markets pharmaceutical products in India and internationally. It offers active pharmaceutical ingredients and formulations. The company also provides branded and generic formulations in various therapeutic areas, such as cardiology, gynecology, gastrology, ophthalmology, dermatology, nephrology/urology, orthopedics, anti-infective, cold and cough, and anti-diabetic. In addition, it exports its products. Alembic Pharmaceuticals Limited was founded in 1907 and is headquartered in Vadodara, India.
Alembic Pharmaceuticals Dividend Announcement
• Alembic Pharmaceuticals announced a annually dividend of ₹11.00 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-15
• Alembic Pharmaceuticals annual dividend for 2024 was ₹11.00
• Alembic Pharmaceuticals annual dividend for 2023 was ₹8.00
• Alembic Pharmaceuticals's trailing twelve-month (TTM) dividend yield is 1.07%
• Alembic Pharmaceuticals's dividend growth over the last five years (2018-2023) was 14.87% year
• Alembic Pharmaceuticals's dividend growth over the last ten years (2013-2023) was 12.33% year
Alembic Pharmaceuticals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | ₹11.00 | annually | 2024-08-21 |
2023-07-28 | ₹8.00 | annually | 2023-09-03 |
2022-08-17 | ₹10.00 | annually | 2022-09-03 |
2021-07-19 | ₹14.00 | annually | 2021-07-31 |
2020-03-16 | ₹3.00 | annually | 2020-04-05 |
2019-07-18 | ₹5.50 | annually | 2019-08-05 |
2018-07-18 | ₹4.00 | annually | 2018-08-02 |
2017-07-11 | ₹4.00 | annually | 2017-07-26 |
2016-07-20 | ₹4.00 | annually | 2016-08-28 |
2015-07-22 | ₹3.50 | annually | 2015-08-07 |
2014-07-17 | ₹3.00 | annually | 2014-08-27 |
2013-07-29 | ₹2.50 | annually | 2013-09-07 |
Alembic Pharmaceuticals Dividend per year
Alembic Pharmaceuticals Dividend growth
Alembic Pharmaceuticals Dividend Yield
Alembic Pharmaceuticals current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Alembic Pharmaceuticals stock? Use our calculator to estimate your expected dividend yield:
Alembic Pharmaceuticals Financial Ratios
Alembic Pharmaceuticals Dividend FAQ
Other factors to consider when evaluating Alembic Pharmaceuticals as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Alembic Pharmaceuticals's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alembic Pharmaceuticals publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alembic Pharmaceuticals distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alembic Pharmaceuticals are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alembic Pharmaceuticals sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alembic Pharmaceuticals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alembic Pharmaceuticals declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alembic Pharmaceuticals's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alembic Pharmaceuticals's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.